I'm a single mom and I work full time. Im looking to purchase my first home and I am looking into purchasing a two family home. Im a bit worried because everything I read says that having tenants is not worth it. Is t...

Hello BP!!

During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:

Before I start maki...

I’ve had a tenant in place now for 6 months and they have only paid once on the 1st. They have technically been late every other time. 3 times they paid after the 5th which is when a late fee is applied by state law. ...

It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...

I have a long term rental (SFR) which I converted to an Airbnb in October 2019.  My property manager is acting as the host and we have already had multiple bookings. 
Questions:
1. Is the Airbnb considered "Active" ...

Hi All,I wanted to get a second opinion on this topic. I recently graduated from college, and am currently living in NYC.  I started with about 90K in student debt and now have under 40K left to pay.  I am saving each...

My cousin is trying to sell his house without using an agent (For Sale By Owner, FSBO).  He called me a couple days ago saying that he received a verbal offer from buyers using an agent.  He was frustrated because his...

How many agents who work with REO properties are disclosing to their buyers that they may not have a clear title to that property? Went to the local REI meeting last night and they were discussing how the banks and re...

Hi Everyone, I was wondering if anyone has experience with using your rental property as a halfway house for companies such as “oxford house”. I was talking with them and they pay fair market rent plus a significant p...

yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...